Description

BSE announces listing of two series of Commercial Papers issued by Manappuram Finance Limited totaling Rs. 650 crores on private placement basis.

Summary

BSE has listed two series of Commercial Papers issued by Manappuram Finance Limited on private placement basis with effect from December 4, 2025. The first series comprises 5,500 CPs worth Rs. 275 crores maturing on December 3, 2026, and the second series comprises 7,500 CPs worth Rs. 375 crores maturing on March 2, 2026. Both instruments carry CARE A1+ and CRISIL A1+ credit ratings, with Axis Bank acting as the Issuing and Paying Agent.

Key Points

  • Two series of Commercial Papers listed on BSE Debt segment effective December 4, 2025
  • Series 1 (Scrip Code: 730695, ISIN: INE522D14OZ0): 5,500 units of Rs. 5 lakhs each, total Rs. 275 crores
  • Series 2 (Scrip Code: 730696, ISIN: INE522D14PB8): 7,500 units of Rs. 5 lakhs each, total Rs. 375 crores
  • Face value and paid-up value: Rs. 5,00,000 per unit for both series
  • Issue prices: Rs. 4,64,425 (Series 1) and Rs. 4,91,727 (Series 2)
  • Credit ratings: CARE A1+ and CRISIL A1+ for both instruments
  • Axis Bank appointed as Issuing and Paying Agent
  • Trading only in dematerialized form with market lot of 1 unit
  • Standard denomination: Rs. 5 lakhs and multiples thereof
  • Tick size: 1 paise

Regulatory Changes

No regulatory changes introduced. This is a routine listing notification for debt securities.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under the specified ISIN numbers
  • Trading permitted only in standard denomination of Rs. 5 lakhs and multiples thereof
  • Members must use the designated tick size of 1 paise for price quotes
  • Market lot is 1 unit for both series

Important Dates

  • Date of Allotment: December 3, 2025 (both series)
  • Listing Date: December 4, 2025
  • Redemption Date (Series 1): December 3, 2026 (365 days tenure)
  • Redemption Date (Series 2): March 2, 2026 (89 days tenure)

Impact Assessment

This is a routine listing announcement for debt instruments with minimal market impact. The listing provides Manappuram Finance Limited with short-term funding through the commercial paper route. Trading members gain access to two additional A1+ rated debt instruments for their clients. The disclosure is primarily informational for debt market participants and has no direct impact on equity markets or broader trading operations. The total issuance of Rs. 650 crores represents standard corporate treasury operations for working capital management.

Impact Justification

Routine listing of commercial paper instruments on debt segment with no impact on equity trading or regulatory changes